Canacol Hits 79 ft Of Gas Pay In Cienage de Oro Reservoir

Drilling Activity Details

Locations

,
Colombia

Post Date
Well Name
#1-Nispero
Geo Coordinate

Drilling Activity Summary

Description

Canacol Energy Ltd. announced results from exploration well #1-Nispero. The venture hit 79 ft of net gas pay with average porosity of 17% within the primary Cienage de Oro reservoir target. It was drilled to 9,906 ft, and the reservoir was perforated in seven different intervals at 8,792-9,630 ft. It was tested on an unreported choke size flowing 28 MMcf of dry gas (no water) with a flowing tubing head pressure of 2,045 psi. An offsetting well from the same pad is planned at #1-Trombon and will target Cienage de Oro in a distinct and isolated fault block. Two more wells are planned: #6 Nelson, and a development well, #8 Nelson, which will target a shallow Porquero Sandstone reservoir in Nelson Field. Canacol is based in Calgary.